ProShare Advisors LLC Purchases 5,910 Shares of Vistra Corp. (NYSE:VST)

ProShare Advisors LLC raised its stake in shares of Vistra Corp. (NYSE:VST - Free Report) by 12.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 51,559 shares of the company's stock after buying an additional 5,910 shares during the quarter. ProShare Advisors LLC's holdings in Vistra were worth $7,108,000 at the end of the most recent quarter.

Several other hedge funds have also added to or reduced their stakes in the stock. Avior Wealth Management LLC increased its holdings in shares of Vistra by 56.5% during the fourth quarter. Avior Wealth Management LLC now owns 180 shares of the company's stock valued at $25,000 after acquiring an additional 65 shares in the last quarter. Pathway Financial Advisers LLC grew its position in Vistra by 616.0% during the 4th quarter. Pathway Financial Advisers LLC now owns 179 shares of the company's stock valued at $25,000 after purchasing an additional 154 shares during the last quarter. West Branch Capital LLC bought a new stake in Vistra during the 4th quarter valued at about $28,000. Comprehensive Financial Planning Inc. PA bought a new stake in Vistra during the 4th quarter valued at about $28,000. Finally, Tucker Asset Management LLC purchased a new position in Vistra in the fourth quarter worth about $28,000. 90.88% of the stock is owned by institutional investors.

Vistra Stock Performance

VST stock traded up $2.35 during trading on Thursday, reaching $154.42. The stock had a trading volume of 4,531,119 shares, compared to its average volume of 7,532,316. The firm has a market cap of $52.40 billion, a PE ratio of 28.81, a PEG ratio of 1.12 and a beta of 1.16. The company has a current ratio of 1.11, a quick ratio of 0.99 and a debt-to-equity ratio of 4.68. The stock's 50 day moving average is $127.45 and its two-hundred day moving average is $142.80. Vistra Corp. has a 52 week low of $66.50 and a 52 week high of $199.84.

Vistra Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Wednesday, June 18th will be given a dividend of $0.225 per share. The ex-dividend date of this dividend is Wednesday, June 18th. This represents a $0.90 annualized dividend and a dividend yield of 0.58%. This is a positive change from Vistra's previous quarterly dividend of $0.22. Vistra's dividend payout ratio is presently 14.15%.

Insider Transactions at Vistra

In related news, Director Scott B. Helm sold 20,000 shares of Vistra stock in a transaction on Monday, May 19th. The stock was sold at an average price of $156.80, for a total transaction of $3,136,000.00. Following the transaction, the director now directly owns 325,192 shares in the company, valued at approximately $50,990,105.60. The trade was a 5.79% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director John William Pitesa purchased 1,500 shares of the business's stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $126.75 per share, with a total value of $190,125.00. Following the acquisition, the director now directly owns 3,467 shares of the company's stock, valued at $439,442.25. This trade represents a 76.26% increase in their position. The disclosure for this purchase can be found here. Insiders have sold 152,136 shares of company stock worth $23,087,290 in the last quarter. Company insiders own 1.42% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on VST shares. Daiwa Capital Markets initiated coverage on shares of Vistra in a report on Wednesday, March 5th. They set a "neutral" rating and a $120.00 price target on the stock. Morgan Stanley increased their target price on Vistra from $172.00 to $178.00 and gave the company an "overweight" rating in a research note on Thursday. Evercore ISI set a $192.00 price target on Vistra and gave the stock an "outperform" rating in a research note on Thursday, May 15th. Bank of America raised Vistra from a "neutral" rating to a "buy" rating and lowered their price target for the company from $164.00 to $152.00 in a report on Tuesday, March 4th. Finally, BMO Capital Markets lifted their price objective on Vistra from $151.00 to $191.00 and gave the stock an "outperform" rating in a report on Wednesday, January 22nd. Three analysts have rated the stock with a hold rating and ten have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $166.58.

About Vistra

Vistra Corp., together with its subsidiaries, operates as an integrated retail electricity and power generation company. The company operates through six segments: Retail, Texas, East, West, Sunset, and Asset Closure. It retails electricity and natural gas to residential, commercial, and industrial customers across states in the United States and the District of Columbia.